While some organizations attempt to build in-house solutions,
a platform approach tends to be more cost-effective and user-
friendly. In-house development demands entire teams of developers
and data scientists to build and maintain the system and its IT
infrastructure. Often these solutions take years to build and are
obsolete once they are completed due to the development time and
lack of infrastructure flexibility. When choosing a platform, organizations
may find that an open platform, which allows new sources to be
integrated via an API and enables flexible modeling, is preferable, as it
allows teams to benefit from a customized solution without the cost
and hassle of building a bespoke solution.
Now that we have explored the advantages of a platform
approach, let’s deep dive into the kind of solutions available.
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Decision intelligence platform
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WHAT KIND OF DIGITAL INTELLIGENCE
PLATFORMS ARE ON THE MARKET?
There are several kinds of decision intelligence platforms and
solutions on the market, each with its own benefits and drawbacks,
suitable to different needs and organizations.
Basic data fusion platforms enable the creation of a single data
container. While some of these platforms may create unified
entities and profiles, it is not a universal feature. This kind of
solution attempts to free the analysts from the fusion problem,
but still requires them to make manual queries and does not
have the necessary analytics to generate automated insights on
similarities and threat scoring. In addition, due to limited data
modeling and analytics, these platforms are unable to integrate
with sources that come in multiple formats and are generally
restricted to structured databases. Since this solution is simple
and low cost, it allows organizations on a budget to organize and
sort their database and create simple identifiers, however, it is not
an ideal solution for more complex data sources and analytical
requirements.
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On the market
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